Creative Commons License
Creative Commons License
Tag Archives: Depression
Will the World Economy Continue to “Roll Along” in 2018?
Once upon a time, we worried about oil and other energy. Now, a song from 1930 seems to be appropriate: Today, we have a surplus of oil, which we are trying to use up. That never happened before, or did … Continue reading
Posted in Financial Implications
Tagged Depression, economic growth, energy supply, oil prices, oil supply
2,782 Comments
The Depression of the 1930s Was an Energy Crisis
Economists, including Ben Bernanke, give all kinds of reasons for the Great Depression of the 1930s. But what if the real reason for the Great Depression was an energy crisis? When I put together a chart of per capita energy … Continue reading
